Nelson Yang Turns Bananas into Textile
A Taiwanese entrepreneur is working on a farm-to-material concept in which bananas grown for food is also used to extract fibers for clothing.
Business
Major China AI Data Center Built Without Nividia Chips
A new $390 million data center in Qinghai province uses only AI chipsets from Alibaba and other Chinese companies as part of a push to ...
AI to Transform Global Trade Says WTO Report
By improving logistical efficiency AI is expected to power a big surge in global trade.
Strong Baht Threatens Thai Tourism, Exports
The Thai currency's surge to a four-year high against the US dollar exerts downward pressure on two of its main economic drivers.
August Housing Starts Near 2-1/2-Year Lows
A glut of unsold new homes has discouraged homebuilders from seeking permits for new construction.
Meta Launches Ray-Ban Display AR Smart Glasses
Mark Zuckerberg introduced the Meta Ray-Ban Display as a big step toward the goal of delivering personal superintelligence.
Panasonic to Debut Hi-Capacity Anode-Free EV Battery
The battery supplier for Tesla EVs is among several companies pursuing a new assembly technique that would increase power capacity by 25% in the coming ...
Huawei Plans World's Most Powerful Computing Nodes
The Chinese electronics giant will use its Ascend chips to power the Atlas 950 and Atlas 960 computing power nodes scheduled for launch in Q4 ...
China Blocks Nvidia AI Chip Purchases
China has gone beyond warnings to actually order ByteDance and Alibaba to stop ordering and testing Nvidia's RTX Pro 6000D GPUs.
Battery Shortage Cuts New Nissan Leaf Production
Lower than expected battery yields by a Nissan affiliate has forced a drastic cut in the production of the new Nissan Leaf EV model.
Meta Debuts AR Smart Glasses with Display
Meta gambles on a pricey $800 product in a bid to get ahead of rivals in the inevitable transition from smartphones to ubiquitous smart glasses ...
Nvidia Debuts RTX6000D to Weak China Demand
An AI GPU designed specifically for the China market is perceived as a poor value compared with the far more powerful B30A which may soon ...
Slipping FICO Scores Hint at Consumer Stress
The FICO scores of over 4% of Americans slipped into the middle ranges as consumers struggle with inflation and interest rates.
Figure AI Robotics Startup Valued at $39 Billion
Figure's humanoid robots will be working on the company's assembly lines to build thousands more of its kind.
Retail Sales Rise on Higher Prices Due to Tariffs
A weakening job market hasn't prevented US consumers from spending on retail purchases, albeit at a higher cost for fewer units.
August Manufacturing Rebounds Slightly on Strong Car Production
A 2.6% rise in auto production came as a surprise given the burden that tariffs have placed on cost of importing or resourcing components.
TikTok Consortium Includes Oracle, Silver Lake
TikTok will be controlled by a new corporate entity 80% owned by US investors and 20% by Chinese shareholders.
China Seeks to Boost Consumption, Foreign Visitors
Faced with a slump in goods exports China seeks to encourage consumer spending with more international sporting events, mass sporting activities by local governments, and ...
Japan Exports Down As Carmakers Struggle with Tariffs
The export powerhouse is suffering the effects of its huge US tariff exposure for autos and assembly-line machinery.
Oracle Leads Consortium to Buy TikTok's US Operations
A framework deal reached Monday calls for Oracle to lead a consortium of firms that will allow TikTok to continue operating in the US.
TikTok Deal Reached, Setting Stage for Talks
China's ByteDance has agreed to sell its US TikTok operations to an American buyer in trade talks held in Madrid, Spain.
China Says Nvidia Violated Anti-Monopoly Law
In a tit-for-tat move China's market regulator's preliminary investigation, if sustained, would result in a ban against Nvidia's massive exports of AI GPUs to China.
Why Russian Wheat is Being Bartered for Chinese Cars
Chinese banks's desire to avoid secondary sanctions is fueling the rise of barter between China and Russia.
Growth Slowed for China Factory Output, Retail Sales
Both industrial output and retail sales grew in August but slowed from July levels as China copes with uncertainties caused by Trump tariffs.
China Struggles to Tame Involution Blight
Hyper-competition among domestic companies in sectors like EVs, solar panels and consumer electronics is an economic blight arising from growing industrial overcapacity.
OpenAI to Cut Microsoft's Share of Revenues by 60%
By cutting the revenues it shares with commercial partners by the end of the decade OpenAI hopes to keep $50 billion more of its revenues ...
xAI Lays Off Hundreds of Generalist AI Tutors
The move is prelude to a tenfold increase in the specialist AI tutor side amid a shift in its AI training model.
FTC Probes Google, Amazon for Possibly Misleading Advertisers
Search ads sold by Google and Amazon are suspected by the Federal Trade Commission of misleading advertisers as to pricing and terms.
Global EV Sales Growth Slowed in August
A big dip in China's August EV sales was partially made up by stronger sales in the US and Europe and is expected to followed ...
US Consumer Sentiment Slips Again in September
Concerns about rising inflation due to tariffs weigh heavily on consumer sentiment.
US Launches Pilot Program to Speed Air Taxi Deployment
The FAA program will include at least five partnerships between private companies and various state and local governments.
Hyundai Battery Plant Startup Set Back 2-3 Months by ICE Raid
Completion of construction on the Hyundai-LG Chem Georgia EV battery plant has been set back by at least 2 or 3 months due to last ...
Quantum Computing Race Leaders Analyzed
Among tech giants and dozens of startups that have entered the race to develop the first practical quantum computers, here are a dozen or so ...
Oracle Revives AI Blue Sky for Investors
The surge in demand for AI cloud services is pumping up Oracle stock and injecting fresh optimism into the global AI chip sector.
Consumer Inflation, Jobless Rate Heat Up
Americans are facing broad-based inflation while a tight job market elevates weekly new unemployment claims to the highest level in four year.
PsiQuantum Attains $7 Billion Valuation, Nvidia Tie-Up
The global leader in photonic quantum computing hopes to accelerate adoption by cooperating with Nvidia to devise software to run applications on quantum processors.
US Loses Billions of Dollars of Soybean Sales to China
Trump tariffs have caused US soybean farmers to lose tens of millions of metric tons of sales to more expensive Brazilian soybean exports.
China EV Tech Changes Global Auto Design, Pricing
As China wins recognition as a global leader in EV technology, carmakers have begun to license its technology in order to compete against Chinese carmakers.
Amazon Developing AR Glasses to Rival Meta's
Augmented reality glasses featuring microphones, speakers, camera and full-color display are planned for late 2026 or 3arly 2027 release by Amazon.
Apple Holds Down iPhone Air Prices
To avoid losing ground to strong competition from the Samsung S25 Edge, Apple is eating tariff costs on the iPhone Air to keep prices steady ...
Boeing Deliveries Surge Past 2024 Levels
Boeing deliveries of 385 jets by August 31 surpassed full-year 2024 total.
China Consumer Prices Decline Accelerates
Producer deflation eased in August even as consumer prices fell at their fastest pace in six months.
How Can Tesla Hit $8.5 Trillion Valuation?
A fantastic amount of hope and hype over robotaxis and robotics is required for Tesla to reach a valuation sufficient to earn Elon Musk his ...
Market Impact of Massive Downgrade in Job Creation
A 911,000 downward revision of jobs created through March is seen as already folded into in the Fed's anticipated 25-basis-point rate cut later this month.
Microsoft Signs $19.4 Billion Deal with Nebius
Desperate for more capacity to deliver AI services Microsoft signed a 5-year deal with the Netherlands-based infrastructure firm spun off from a unit of Russian ...
Europe's AI Prospects Improve with ASML Stake in France's Mistral
The $1.5 billion investment by the Dutch leader in cutting-edge chip-etching equipment gives Mistral wherewithal to compete against the AI onslaught from the US and ...
US Small Businesses Constrained by Lack of Quality Labor
Trump's deportation push has created an acute shortage of quality construction workers.
Hongqi to Launch 15 Luxury EVs in Europe by 2028
The Chinese state-owned carmaker plans to open 200 dealership across 25 European markets.
BYD Projects PHEV Sales to Dominate in Near Term
With production to begin in Hungary and Turkey, all BYD EVs sold in Europe will be produced in Europe by 2027.
Tesla Share of US Market Lowest in 8 Years
Even as US EV sales shot up by 24% in August Tesla's share plunged to just 38% of the US market in August.
Nelson Yang Turns Bananas into Textile
A Taiwanese entrepreneur is working on a farm-to-material concept in which bananas grown for food is also used to extract fibers for clothing.
Major China AI Data Center Built Without Nividia Chips
A new $390 million data center in Qinghai province uses only AI chipsets from Alibaba and other Chinese companies as part of a push to ...
AI to Transform Global Trade Says WTO Report
By improving logistical efficiency AI is expected to power a big surge in global trade.
Strong Baht Threatens Thai Tourism, Exports
The Thai currency's surge to a four-year high against the US dollar exerts downward pressure on two of its main economic drivers.
August Housing Starts Near 2-1/2-Year Lows
A glut of unsold new homes has discouraged homebuilders from seeking permits for new construction.
Meta Launches Ray-Ban Display AR Smart Glasses
Mark Zuckerberg introduced the Meta Ray-Ban Display as a big step toward the goal of delivering personal superintelligence.
Panasonic to Debut Hi-Capacity Anode-Free EV Battery
The battery supplier for Tesla EVs is among several companies pursuing a new assembly technique that would increase power capacity by 25% in the coming ...
Huawei Plans World's Most Powerful Computing Nodes
The Chinese electronics giant will use its Ascend chips to power the Atlas 950 and Atlas 960 computing power nodes scheduled for launch in Q4 ...
China Blocks Nvidia AI Chip Purchases
China has gone beyond warnings to actually order ByteDance and Alibaba to stop ordering and testing Nvidia's RTX Pro 6000D GPUs.
Battery Shortage Cuts New Nissan Leaf Production
Lower than expected battery yields by a Nissan affiliate has forced a drastic cut in the production of the new Nissan Leaf EV model.
Meta Debuts AR Smart Glasses with Display
Meta gambles on a pricey $800 product in a bid to get ahead of rivals in the inevitable transition from smartphones to ubiquitous smart glasses ...
Nvidia Debuts RTX6000D to Weak China Demand
An AI GPU designed specifically for the China market is perceived as a poor value compared with the far more powerful B30A which may soon ...
Slipping FICO Scores Hint at Consumer Stress
The FICO scores of over 4% of Americans slipped into the middle ranges as consumers struggle with inflation and interest rates.
Figure AI Robotics Startup Valued at $39 Billion
Figure's humanoid robots will be working on the company's assembly lines to build thousands more of its kind.
Retail Sales Rise on Higher Prices Due to Tariffs
A weakening job market hasn't prevented US consumers from spending on retail purchases, albeit at a higher cost for fewer units.
August Manufacturing Rebounds Slightly on Strong Car Production
A 2.6% rise in auto production came as a surprise given the burden that tariffs have placed on cost of importing or resourcing components.
TikTok Consortium Includes Oracle, Silver Lake
TikTok will be controlled by a new corporate entity 80% owned by US investors and 20% by Chinese shareholders.
China Seeks to Boost Consumption, Foreign Visitors
Faced with a slump in goods exports China seeks to encourage consumer spending with more international sporting events, mass sporting activities by local governments, and ...
Japan Exports Down As Carmakers Struggle with Tariffs
The export powerhouse is suffering the effects of its huge US tariff exposure for autos and assembly-line machinery.
Oracle Leads Consortium to Buy TikTok's US Operations
A framework deal reached Monday calls for Oracle to lead a consortium of firms that will allow TikTok to continue operating in the US.
TikTok Deal Reached, Setting Stage for Talks
China's ByteDance has agreed to sell its US TikTok operations to an American buyer in trade talks held in Madrid, Spain.
China Says Nvidia Violated Anti-Monopoly Law
In a tit-for-tat move China's market regulator's preliminary investigation, if sustained, would result in a ban against Nvidia's massive exports of AI GPUs to China.
Why Russian Wheat is Being Bartered for Chinese Cars
Chinese banks's desire to avoid secondary sanctions is fueling the rise of barter between China and Russia.
Growth Slowed for China Factory Output, Retail Sales
Both industrial output and retail sales grew in August but slowed from July levels as China copes with uncertainties caused by Trump tariffs.
China Struggles to Tame Involution Blight
Hyper-competition among domestic companies in sectors like EVs, solar panels and consumer electronics is an economic blight arising from growing industrial overcapacity.
OpenAI to Cut Microsoft's Share of Revenues by 60%
By cutting the revenues it shares with commercial partners by the end of the decade OpenAI hopes to keep $50 billion more of its revenues ...
xAI Lays Off Hundreds of Generalist AI Tutors
The move is prelude to a tenfold increase in the specialist AI tutor side amid a shift in its AI training model.
FTC Probes Google, Amazon for Possibly Misleading Advertisers
Search ads sold by Google and Amazon are suspected by the Federal Trade Commission of misleading advertisers as to pricing and terms.
Global EV Sales Growth Slowed in August
A big dip in China's August EV sales was partially made up by stronger sales in the US and Europe and is expected to followed ...
US Consumer Sentiment Slips Again in September
Concerns about rising inflation due to tariffs weigh heavily on consumer sentiment.
US Launches Pilot Program to Speed Air Taxi Deployment
The FAA program will include at least five partnerships between private companies and various state and local governments.
Hyundai Battery Plant Startup Set Back 2-3 Months by ICE Raid
Completion of construction on the Hyundai-LG Chem Georgia EV battery plant has been set back by at least 2 or 3 months due to last ...
Quantum Computing Race Leaders Analyzed
Among tech giants and dozens of startups that have entered the race to develop the first practical quantum computers, here are a dozen or so ...
Oracle Revives AI Blue Sky for Investors
The surge in demand for AI cloud services is pumping up Oracle stock and injecting fresh optimism into the global AI chip sector.
Consumer Inflation, Jobless Rate Heat Up
Americans are facing broad-based inflation while a tight job market elevates weekly new unemployment claims to the highest level in four year.
PsiQuantum Attains $7 Billion Valuation, Nvidia Tie-Up
The global leader in photonic quantum computing hopes to accelerate adoption by cooperating with Nvidia to devise software to run applications on quantum processors.
US Loses Billions of Dollars of Soybean Sales to China
Trump tariffs have caused US soybean farmers to lose tens of millions of metric tons of sales to more expensive Brazilian soybean exports.
China EV Tech Changes Global Auto Design, Pricing
As China wins recognition as a global leader in EV technology, carmakers have begun to license its technology in order to compete against Chinese carmakers.
Amazon Developing AR Glasses to Rival Meta's
Augmented reality glasses featuring microphones, speakers, camera and full-color display are planned for late 2026 or 3arly 2027 release by Amazon.
Apple Holds Down iPhone Air Prices
To avoid losing ground to strong competition from the Samsung S25 Edge, Apple is eating tariff costs on the iPhone Air to keep prices steady ...
Boeing Deliveries Surge Past 2024 Levels
Boeing deliveries of 385 jets by August 31 surpassed full-year 2024 total.
China Consumer Prices Decline Accelerates
Producer deflation eased in August even as consumer prices fell at their fastest pace in six months.
How Can Tesla Hit $8.5 Trillion Valuation?
A fantastic amount of hope and hype over robotaxis and robotics is required for Tesla to reach a valuation sufficient to earn Elon Musk his ...
Market Impact of Massive Downgrade in Job Creation
A 911,000 downward revision of jobs created through March is seen as already folded into in the Fed's anticipated 25-basis-point rate cut later this month.
Microsoft Signs $19.4 Billion Deal with Nebius
Desperate for more capacity to deliver AI services Microsoft signed a 5-year deal with the Netherlands-based infrastructure firm spun off from a unit of Russian ...
Europe's AI Prospects Improve with ASML Stake in France's Mistral
The $1.5 billion investment by the Dutch leader in cutting-edge chip-etching equipment gives Mistral wherewithal to compete against the AI onslaught from the US and ...
US Small Businesses Constrained by Lack of Quality Labor
Trump's deportation push has created an acute shortage of quality construction workers.
Hongqi to Launch 15 Luxury EVs in Europe by 2028
The Chinese state-owned carmaker plans to open 200 dealership across 25 European markets.
BYD Projects PHEV Sales to Dominate in Near Term
With production to begin in Hungary and Turkey, all BYD EVs sold in Europe will be produced in Europe by 2027.
Tesla Share of US Market Lowest in 8 Years
Even as US EV sales shot up by 24% in August Tesla's share plunged to just 38% of the US market in August.
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